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...treat it with a numerologist's zeal. When it drops, we assume that grave societal consequences will follow. Macroeconomic policy is formed in its shadow. But now the granddaddy of economic statistics - gross domestic product (GDP) - is under attack. An assortment of economists, psychologists and sociologists are beginning to say that GDP is an imprecise measurement of economic performance that distracts policymakers from more important measures of societal well-being...

Author: /time Magazine | Title: Searching for a Better Wealth Measure Than GDP | 9/16/2009 | See Source »

...imagine that would be a bit difficult to follow. The language is a bit antiquated. It's almost like time travel. You realize this is almost exactly what was being done 200 years...

Author: /time Magazine | Title: Freemasons: Fact vs. Fiction | 9/15/2009 | See Source »

...joins the fold. FM caught up with past Harvard finalists to ask them about life after the feature. For Nancy A. Redd ’03, life has been pretty glamorous since she made the list in 2002. After being crowned Miss Virginia two weeks following her graduation, she went on to place in the top 10 during the 2004 Miss America pageant. Soon after, she wrote “Body Drama: Real Girls, Real Bodies, Real Issues, Real Answers”—a bestseller—and has another project for girls in the works...

Author: By Synne D. Chapman, CRIMSON STAFF WRITER | Title: Students in the Centerfold | 9/15/2009 | See Source »

...president, once again, has chosen to rise above the fray and appear magnanimous as both his opponents and allies continue to squabble. Other Democrats should follow his example. Otherwise, they risk undoing all of the political good that Wilson’s zealotry unwittingly worked for them through an equally unreasonable zealotry of their...

Author: By Dhruv K. Singhal | Title: Sorry Is Enough | 9/14/2009 | See Source »

...seem to weaken his moral authority. In some ways, Berlusconi is the Italian political equivalent of Bank of America or AIG: he is simply too big to fail. Too many who have carved out their slice of power would risk losing it all in the monumental shakeout that would follow Berlusconi's exit from politics. And even in that unlikely scenario, the Prime Minister would have his ownership of the nation's major private television networks to fall back on. Considering all of that, Berlusconi could probably get away with just brushing off the salacious stories that follow him around...

Author: /time Magazine | Title: How Has Berlusconi Survived His Sex Scandal? | 9/14/2009 | See Source »

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